$150,000 loan interest freeBUTthe fee payable is either $65,600...

  1. 23,919 Posts.
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    $150,000 loan interest free

    BUT

    the fee payable is either $65,600 at today's prices

    OR

    $30,000 down the track without approval

    and granted a fixing and floating charge over all of the company's assets

    do they have rocks in their heads ?

    Almost 40% interest on a short term loan and security over the whole company ... they must be very confident of this deal and plan to raise a whole lot of capital

    am glad i'm out
 
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(20min delay)
Last
11.0¢
Change
-0.005(4.35%)
Mkt cap ! $38.40M
Open High Low Value Volume
11.0¢ 11.0¢ 10.5¢ $6.131K 57.17K

Buyers (Bids)

No. Vol. Price($)
1 10000 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 20545 1
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Last trade - 16.10pm 08/07/2025 (20 minute delay) ?
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